{ "ticker": { "uuid": "e99945a0-e0d1-4aa1-b9a0-463de66fd700", "symbol": "MEAB-B", "name": "Malmbergs Elektriska AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 56.719, "architecture_energy": 41.313, "architecture_maturity": 19.367, "architecture_confidence": 89.71, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 31.47, "rotation_up": 52.63, "upward_expansion": 78.18, "deceleration": 53.42, "rotation_down": 20.83, "downward_expansion": 11.84 }, "activity_lines": [ 37.673333, 36.792727, 36.386361, 35.761378 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 39.0, "trend_reference": 34.912137, "distance_from_trend": 0.11709, "trend_direction": "Improving", "fair_value": 39.094928, "distance_from_fair_value": -0.002428, "fair_value_direction": "Improving", "relative_strength": 2.598193, "relative_strength_direction": "Improving", "price_momentum": 0.18162, "excess_performance": 0.120125, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.11709, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.063762, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.002428, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.088109, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.025982, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.09474, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.18162, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.333707, "read": "Demand-led" } ], "volume": { "latest": 20735, "relative_activity": 1.418927, "balance": 2.333707, "dry_up": 1.607542, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.086588, "annualized_volatility": 0.364983, "from_high_reference": -0.150327, "from_low_reference": 0.456615 }, "levels": { "trend_reference": 34.912137, "fair_value_reference": 39.094928, "structural_low": 30.571503, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.006623, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.0035, "regime_survival": 0.571429, "best_return": 0.054054, "worst_return": -0.064445, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.018993, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.031261, "regime_survival": 0.5, "best_return": 0.006173, "worst_return": -0.030516, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.031027, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.057677, "regime_survival": 0.0, "best_return": -0.018072, "worst_return": -0.043982, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.172178, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.092403, "regime_survival": 0.0, "best_return": -0.009259, "worst_return": -0.335098, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-03", "end": "2024-05-31", "tenure": "Developing", "return": 0.119048, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-07", "end": "2024-06-21", "tenure": "New", "return": -0.016807, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": -0.042316, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-10-25", "tenure": "Established", "return": -0.025463, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-01-17", "tenure": "Developing", "return": -0.021327, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-02-28", "tenure": "Developing", "return": 0.030445, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": 0.044944, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": 0.05539, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-08-22", "tenure": "Established", "return": -0.06119, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2026-01-23", "tenure": "Established", "return": -0.088, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": -0.021084, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.0625, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-07-03", "tenure": "Developing", "return": -0.004636, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.054054, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 43.817192, "volume": 3489, "typical_volume": 7708.85, "trend": 46.55792, "fair_value": 48.972512, "relative_strength": -0.910611, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.678706, "energy": 46.253845, "activity_lines": [ 44.733143, 45.380161, 45.970695, 46.292002 ] }, { "date": "2023-08-25", "close": 44.374187, "volume": 10370, "typical_volume": 8116.45, "trend": 46.478669, "fair_value": 48.92435, "relative_strength": 0.167282, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.834627, "energy": 41.372996, "activity_lines": [ 44.553665, 45.123604, 45.777047, 46.151116 ] }, { "date": "2023-09-01", "close": 43.631523, "volume": 6454, "typical_volume": 7907.05, "trend": 46.416299, "fair_value": 48.863819, "relative_strength": -3.253741, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.499804, "energy": 45.427093, "activity_lines": [ 44.200899, 44.796156, 45.52739, 45.967429 ] }, { "date": "2023-09-08", "close": 44.467022, "volume": 1588, "typical_volume": 7661.55, "trend": 46.393674, "fair_value": 48.804296, "relative_strength": -1.072733, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.890764, "energy": 45.393967, "activity_lines": [ 44.194711, 44.634121, 45.378111, 45.84167 ] }, { "date": "2023-09-15", "close": 44.188519, "volume": 4408, "typical_volume": 6659.1, "trend": 46.248754, "fair_value": 48.757118, "relative_strength": -2.560582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.614137, "energy": 37.538409, "activity_lines": [ 44.151388, 44.445078, 45.212338, 45.699402 ] }, { "date": "2023-09-22", "close": 44.93119, "volume": 8600, "typical_volume": 6890.9, "trend": 46.229705, "fair_value": 48.727745, "relative_strength": 0.311545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.584376, "energy": 29.253614, "activity_lines": [ 44.429888, 44.461958, 45.12481, 45.614398 ] }, { "date": "2023-09-29", "close": 43.910023, "volume": 6561, "typical_volume": 7053.85, "trend": 46.099294, "fair_value": 48.701608, "relative_strength": -1.513557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.621007, "energy": 28.596174, "activity_lines": [ 44.293733, 44.333679, 44.95771, 45.464741 ] }, { "date": "2023-10-06", "close": 43.260193, "volume": 15756, "typical_volume": 7771.75, "trend": 45.941273, "fair_value": 48.661523, "relative_strength": -2.977303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.407458, "energy": 34.844187, "activity_lines": [ 43.971912, 44.115944, 44.744194, 45.281573 ] }, { "date": "2023-10-13", "close": 41.496365, "volume": 9027, "typical_volume": 7869.5, "trend": 45.789886, "fair_value": 48.611218, "relative_strength": -8.292642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.880685, "energy": 59.193551, "activity_lines": [ 43.086904, 43.602831, 44.385682, 44.994805 ] }, { "date": "2023-10-20", "close": 41.496365, "volume": 13396, "typical_volume": 7711.45, "trend": 45.555227, "fair_value": 48.576131, "relative_strength": -3.381817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.412669, "energy": 70.690117, "activity_lines": [ 42.39994, 43.15892, 44.051483, 44.717803 ] }, { "date": "2023-10-27", "close": 41.217869, "volume": 17059, "typical_volume": 7409.95, "trend": 45.370765, "fair_value": 48.551215, "relative_strength": -2.694161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.408555, "energy": 76.205295, "activity_lines": [ 41.799621, 42.733577, 43.695181, 44.437974 ] }, { "date": "2023-11-03", "close": 41.403534, "volume": 4193, "typical_volume": 7371.65, "trend": 45.1687, "fair_value": 48.514446, "relative_strength": -5.73784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.316928, "energy": 75.985102, "activity_lines": [ 41.508744, 42.389251, 43.396348, 44.182023 ] }, { "date": "2023-11-10", "close": 40.846535, "volume": 15580, "typical_volume": 7568.35, "trend": 44.930224, "fair_value": 48.466498, "relative_strength": -6.554853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.94504, "energy": 79.176893, "activity_lines": [ 41.199301, 41.997664, 43.075411, 43.903174 ] }, { "date": "2023-11-17", "close": 41.496365, "volume": 8020, "typical_volume": 7700.65, "trend": 44.760993, "fair_value": 48.415106, "relative_strength": -8.669347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.771996, "energy": 65.820408, "activity_lines": [ 41.267378, 41.774865, 42.833161, 43.681635 ] }, { "date": "2023-11-24", "close": 43.167362, "volume": 27800, "typical_volume": 8769.45, "trend": 44.674349, "fair_value": 48.383121, "relative_strength": -6.169375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.083893, "energy": 41.824729, "activity_lines": [ 41.892454, 41.909895, 42.770388, 43.57882 ] }, { "date": "2023-12-01", "close": 40.7537, "volume": 9601, "typical_volume": 9149.5, "trend": 44.411322, "fair_value": 48.334578, "relative_strength": -11.913843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.921039, "energy": 45.039425, "activity_lines": [ 41.601576, 41.624644, 42.501172, 43.325875 ] }, { "date": "2023-12-08", "close": 40.846535, "volume": 14315, "typical_volume": 9753.7, "trend": 44.200901, "fair_value": 48.292064, "relative_strength": -13.807466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.406675, "energy": 39.79927, "activity_lines": [ 41.372588, 41.432227, 42.2713, 43.095888 ] }, { "date": "2023-12-15", "close": 44.188519, "volume": 15115, "typical_volume": 10337.55, "trend": 44.070934, "fair_value": 48.270974, "relative_strength": -9.337018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.481905, "energy": 13.5649, "activity_lines": [ 42.294728, 41.903143, 42.381815, 43.09509 ] }, { "date": "2023-12-22", "close": 42.703194, "volume": 3641, "typical_volume": 10335.75, "trend": 43.940968, "fair_value": 48.244709, "relative_strength": -11.81028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.060736, "energy": 15.952345, "activity_lines": [ 42.498961, 42.087121, 42.353081, 43.006848 ] }, { "date": "2023-12-29", "close": 42.981693, "volume": 5754, "typical_volume": 10036.35, "trend": 43.959535, "fair_value": 48.205013, "relative_strength": -11.785878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.604644, "energy": 16.502615, "activity_lines": [ 42.715571, 42.299792, 42.363249, 42.944959 ] }, { "date": "2024-01-05", "close": 43.631523, "volume": 6383, "typical_volume": 10181.05, "trend": 43.761491, "fair_value": 48.147743, "relative_strength": -7.986181, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.449849, "energy": 14.97359, "activity_lines": [ 43.161169, 42.603609, 42.446356, 42.923797 ] }, { "date": "2024-01-12", "close": 43.631523, "volume": 3970, "typical_volume": 9861.05, "trend": 43.619147, "fair_value": 48.110038, "relative_strength": -8.568275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.352446, "energy": 12.642895, "activity_lines": [ 43.414913, 42.863541, 42.530348, 42.915412 ] }, { "date": "2024-01-19", "close": 44.188519, "volume": 8320, "typical_volume": 9954.35, "trend": 43.612958, "fair_value": 48.069382, "relative_strength": -4.85704, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.953002, "energy": 21.9301, "activity_lines": [ 43.668656, 43.184237, 42.670923, 42.952146 ] }, { "date": "2024-01-26", "close": 44.838356, "volume": 10367, "typical_volume": 10393.3, "trend": 43.582013, "fair_value": 48.03724, "relative_strength": -6.187312, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.613324, "energy": 36.049876, "activity_lines": [ 44.139011, 43.562321, 42.870736, 43.031204 ] }, { "date": "2024-02-02", "close": 43.445858, "volume": 4132, "typical_volume": 10379.5, "trend": 43.427292, "fair_value": 48.00378, "relative_strength": -8.88628, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.793954, "energy": 23.437985, "activity_lines": [ 44.002856, 43.62646, 42.936161, 43.02242 ] }, { "date": "2024-02-09", "close": 41.960533, "volume": 7735, "typical_volume": 10336.25, "trend": 43.254003, "fair_value": 47.964059, "relative_strength": -11.19522, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -9.177323, "energy": 7.987648, "activity_lines": [ 43.340648, 43.415477, 42.863663, 42.92779 ] }, { "date": "2024-02-16", "close": 40.196701, "volume": 24071, "typical_volume": 11211.75, "trend": 43.077621, "fair_value": 47.905423, "relative_strength": -16.532633, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.417028, "energy": 23.647754, "activity_lines": [ 42.201896, 42.861854, 42.637327, 42.730545 ] }, { "date": "2024-02-23", "close": 37.133213, "volume": 12925, "typical_volume": 11070.2, "trend": 42.826971, "fair_value": 47.831497, "relative_strength": -23.337388, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.835441, "energy": 54.669933, "activity_lines": [ 40.270969, 41.763049, 42.136913, 42.347035 ] }, { "date": "2024-03-01", "close": 37.133213, "volume": 16991, "typical_volume": 11468.4, "trend": 42.554661, "fair_value": 47.769528, "relative_strength": -23.695182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.400357, "energy": 75.242656, "activity_lines": [ 38.810396, 40.792522, 41.665675, 41.979696 ] }, { "date": "2024-03-08", "close": 36.483379, "volume": 18480, "typical_volume": 11722.6, "trend": 42.26069, "fair_value": 47.692524, "relative_strength": -25.294857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.556933, "energy": 81.557003, "activity_lines": [ 37.646888, 39.805116, 41.153324, 41.588 ] }, { "date": "2024-03-15", "close": 37.133213, "volume": 6541, "typical_volume": 11196.7, "trend": 42.037891, "fair_value": 47.604468, "relative_strength": -24.797734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.316131, "energy": 82.506486, "activity_lines": [ 37.164156, 39.054012, 40.726735, 41.257195 ] }, { "date": "2024-03-22", "close": 36.483379, "volume": 26953, "typical_volume": 12334.7, "trend": 41.774864, "fair_value": 47.506811, "relative_strength": -25.48391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.761872, "energy": 81.89331, "activity_lines": [ 36.786635, 38.302908, 40.257707, 40.898839 ] }, { "date": "2024-03-29", "close": 38.897041, "volume": 8522, "typical_volume": 11981.8, "trend": 41.617048, "fair_value": 47.420279, "relative_strength": -19.600695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.59128, "energy": 51.824598, "activity_lines": [ 37.461222, 38.120618, 40.04198, 40.713173 ] }, { "date": "2024-04-05", "close": 39.732536, "volume": 7821, "typical_volume": 11971.85, "trend": 41.459232, "fair_value": 47.334754, "relative_strength": -16.944618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.504562, "energy": 34.080343, "activity_lines": [ 38.296719, 38.186445, 39.915108, 40.591592 ] }, { "date": "2024-04-12", "close": 39.918201, "volume": 12530, "typical_volume": 11208.35, "trend": 41.316888, "fair_value": 47.21455, "relative_strength": -16.172256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.380649, "energy": 22.775799, "activity_lines": [ 39.020816, 38.378862, 39.814318, 40.492171 ] }, { "date": "2024-04-19", "close": 41.0322, "volume": 7500, "typical_volume": 11103.3, "trend": 41.186921, "fair_value": 47.097139, "relative_strength": -13.28302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.660631, "energy": 22.008854, "activity_lines": [ 39.887258, 38.837964, 39.835095, 40.473804 ] }, { "date": "2024-04-26", "close": 41.378628, "volume": 33578, "typical_volume": 12066.45, "trend": 41.102542, "fair_value": 47.003377, "relative_strength": -14.105409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.245472, "energy": 19.733051, "activity_lines": [ 40.609244, 39.376931, 39.887539, 40.486172 ] }, { "date": "2024-05-03", "close": 40.891819, "volume": 22867, "typical_volume": 12454.05, "trend": 41.023596, "fair_value": 46.899826, "relative_strength": -14.034448, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.602886, "energy": 19.610428, "activity_lines": [ 40.84261, 39.805898, 39.891087, 40.472577 ] }, { "date": "2024-05-10", "close": 40.405014, "volume": 11468, "typical_volume": 12845.4, "trend": 40.987217, "fair_value": 46.795377, "relative_strength": -17.410832, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.649834, "energy": 14.990802, "activity_lines": [ 40.780722, 40.078017, 39.86397, 40.432668 ] }, { "date": "2024-05-17", "close": 40.697098, "volume": 9469, "typical_volume": 13031.15, "trend": 40.960575, "fair_value": 46.687244, "relative_strength": -15.524214, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.102762, "energy": 13.604981, "activity_lines": [ 40.771364, 40.343754, 39.875615, 40.413951 ] }, { "date": "2024-05-24", "close": 40.891819, "volume": 17231, "typical_volume": 13573.55, "trend": 40.949707, "fair_value": 46.584804, "relative_strength": -15.408145, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.722054, "energy": 10.04441, "activity_lines": [ 40.774986, 40.568283, 39.916684, 40.409515 ] }, { "date": "2024-05-31", "close": 45.759892, "volume": 70026, "typical_volume": 16876.35, "trend": 41.094919, "fair_value": 46.51357, "relative_strength": -4.503037, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.137597, "energy": 49.094764, "activity_lines": [ 42.410658, 41.609577, 40.434425, 40.71985 ] }, { "date": "2024-06-07", "close": 46.344059, "volume": 24844, "typical_volume": 17702.55, "trend": 41.278169, "fair_value": 46.447192, "relative_strength": -3.612516, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.587571, "energy": 59.580435, "activity_lines": [ 43.948969, 42.58842, 40.997665, 41.058504 ] }, { "date": "2024-06-14", "close": 45.759892, "volume": 16432, "typical_volume": 18005.8, "trend": 41.420287, "fair_value": 46.377069, "relative_strength": -2.241195, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.057416, "energy": 63.739196, "activity_lines": [ 44.929074, 43.32565, 41.495007, 41.347647 ] }, { "date": "2024-06-21", "close": 45.56517, "volume": 8185, "typical_volume": 18208.45, "trend": 41.500214, "fair_value": 46.312368, "relative_strength": -2.898075, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.388956, "energy": 74.818247, "activity_lines": [ 45.48728, 43.917888, 41.969415, 41.615059 ] }, { "date": "2024-06-28", "close": 43.715305, "volume": 8320, "typical_volume": 18237.7, "trend": 41.598934, "fair_value": 46.224693, "relative_strength": -6.407215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.297934, "energy": 66.540269, "activity_lines": [ 45.104326, 44.071114, 42.257554, 41.757968 ] }, { "date": "2024-07-05", "close": 43.325855, "volume": 1526, "typical_volume": 17110.45, "trend": 41.681578, "fair_value": 46.13341, "relative_strength": -6.330146, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.883073, "energy": 40.711102, "activity_lines": [ 44.403323, 44.104748, 42.500246, 41.869382 ] }, { "date": "2024-07-12", "close": 41.865433, "volume": 5127, "typical_volume": 16720.55, "trend": 41.604142, "fair_value": 46.037212, "relative_strength": -11.560535, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.83675, "energy": 22.171985, "activity_lines": [ 43.377782, 43.837446, 42.588949, 41.881244 ] }, { "date": "2024-07-19", "close": 42.060158, "volume": 28791, "typical_volume": 17310.55, "trend": 41.582707, "fair_value": 45.94115, "relative_strength": -8.679834, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.016801, "energy": 22.145176, "activity_lines": [ 42.715724, 43.587847, 42.673663, 41.910664 ] }, { "date": "2024-07-26", "close": 43.812664, "volume": 9488, "typical_volume": 16860.95, "trend": 41.610406, "fair_value": 45.845207, "relative_strength": -4.886287, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.534708, "energy": 20.911088, "activity_lines": [ 42.884484, 43.626792, 42.901821, 42.054533 ] }, { "date": "2024-08-02", "close": 43.715305, "volume": 17622, "typical_volume": 17415.0, "trend": 41.613199, "fair_value": 45.739749, "relative_strength": -0.500737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.58339, "energy": 17.813136, "activity_lines": [ 43.137625, 43.591388, 43.085806, 42.190332 ] }, { "date": "2024-08-09", "close": 44.299473, "volume": 27008, "typical_volume": 17417.75, "trend": 41.635464, "fair_value": 45.6347, "relative_strength": 1.452251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.480377, "energy": 20.424902, "activity_lines": [ 43.585488, 43.610861, 43.294082, 42.36364 ] }, { "date": "2024-08-16", "close": 44.104748, "volume": 6098, "typical_volume": 17296.55, "trend": 41.632672, "fair_value": 45.525069, "relative_strength": -1.643816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.736179, "energy": 26.967271, "activity_lines": [ 43.903536, 43.621482, 43.446593, 42.522949 ] }, { "date": "2024-08-23", "close": 41.378628, "volume": 25852, "typical_volume": 18198.1, "trend": 41.517348, "fair_value": 45.399075, "relative_strength": -8.219921, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.342619, "energy": 9.308013, "activity_lines": [ 43.163588, 43.17716, 43.314676, 42.506559 ] }, { "date": "2024-08-30", "close": 40.989178, "volume": 99612, "typical_volume": 22552.2, "trend": 41.435458, "fair_value": 45.288367, "relative_strength": -9.959017, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.325623, "energy": 7.997722, "activity_lines": [ 42.33926, 42.741688, 43.137829, 42.472484 ] }, { "date": "2024-09-06", "close": 41.475986, "volume": 14410, "typical_volume": 22897.7, "trend": 41.419307, "fair_value": 45.171888, "relative_strength": -4.277635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.325916, "energy": 13.276499, "activity_lines": [ 41.865433, 42.477926, 43.002245, 42.475098 ] }, { "date": "2024-09-13", "close": 43.812664, "volume": 11661, "typical_volume": 21801.85, "trend": 41.539839, "fair_value": 45.072611, "relative_strength": -0.349339, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.309056, "energy": 14.368664, "activity_lines": [ 42.319787, 42.67973, 43.087089, 42.629509 ] }, { "date": "2024-09-20", "close": 41.573349, "volume": 24611, "typical_volume": 21889.05, "trend": 41.687843, "fair_value": 44.972318, "relative_strength": -6.945861, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.7016, "energy": 9.007596, "activity_lines": [ 42.060156, 42.465535, 42.947074, 42.63167 ] }, { "date": "2024-09-27", "close": 42.060158, "volume": 8985, "typical_volume": 21764.9, "trend": 41.852075, "fair_value": 44.887371, "relative_strength": -7.551718, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.02335, "energy": 6.31028, "activity_lines": [ 42.131555, 42.345161, 42.850176, 42.655691 ] }, { "date": "2024-10-04", "close": 40.697098, "volume": 7472, "typical_volume": 21665.05, "trend": 41.992532, "fair_value": 44.788129, "relative_strength": -8.870189, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.176157, "energy": 9.689003, "activity_lines": [ 41.703166, 41.976957, 42.615581, 42.581176 ] }, { "date": "2024-10-11", "close": 40.989178, "volume": 19606, "typical_volume": 21783.8, "trend": 42.121064, "fair_value": 44.692982, "relative_strength": -7.357843, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.8979, "energy": 20.007655, "activity_lines": [ 41.391608, 41.718506, 42.408804, 42.516444 ] }, { "date": "2024-10-18", "close": 41.475986, "volume": 3586, "typical_volume": 18461.8, "trend": 42.287484, "fair_value": 44.595399, "relative_strength": -6.037867, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.255992, "energy": 20.233964, "activity_lines": [ 41.274773, 41.598132, 42.247925, 42.474826 ] }, { "date": "2024-10-25", "close": 40.989178, "volume": 9533, "typical_volume": 17696.25, "trend": 42.357222, "fair_value": 44.503586, "relative_strength": -6.614736, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.251152, "energy": 27.129671, "activity_lines": [ 41.151448, 41.440583, 42.061084, 42.391064 ] }, { "date": "2024-11-01", "close": 41.086544, "volume": 19028, "typical_volume": 17826.05, "trend": 42.402356, "fair_value": 44.40573, "relative_strength": -4.741575, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.559775, "energy": 33.700146, "activity_lines": [ 41.099523, 41.357383, 41.909015, 42.309085 ] }, { "date": "2024-11-08", "close": 39.918205, "volume": 38067, "typical_volume": 19320.15, "trend": 42.402356, "fair_value": 44.304829, "relative_strength": -7.112561, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.424462, "energy": 39.066605, "activity_lines": [ 40.723059, 41.06707, 41.667929, 42.148817 ] }, { "date": "2024-11-15", "close": 40.11293, "volume": 13917, "typical_volume": 19600.0, "trend": 42.371714, "fair_value": 44.195174, "relative_strength": -4.530557, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.679006, "energy": 39.744033, "activity_lines": [ 40.46343, 40.831632, 41.472279, 42.001112 ] }, { "date": "2024-11-22", "close": 39.918205, "volume": 6756, "typical_volume": 19861.5, "trend": 42.323033, "fair_value": 44.107611, "relative_strength": -4.76802, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.970272, "energy": 44.36342, "activity_lines": [ 40.197308, 40.585573, 41.275238, 41.842821 ] }, { "date": "2024-11-29", "close": 39.431396, "volume": 16208, "typical_volume": 20415.55, "trend": 42.274352, "fair_value": 44.014705, "relative_strength": -5.656104, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.438231, "energy": 52.895856, "activity_lines": [ 39.87277, 40.321812, 41.048061, 41.656264 ] }, { "date": "2024-12-06", "close": 40.015564, "volume": 17591, "typical_volume": 19855.55, "trend": 42.261371, "fair_value": 43.923321, "relative_strength": -7.68483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.544568, "energy": 44.835809, "activity_lines": [ 39.846806, 40.203208, 40.88811, 41.510536 ] }, { "date": "2024-12-13", "close": 39.918205, "volume": 19694, "typical_volume": 20365.85, "trend": 42.235407, "fair_value": 43.834647, "relative_strength": -5.50458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.519833, "energy": 44.384321, "activity_lines": [ 39.859787, 40.104076, 40.728623, 41.359364 ] }, { "date": "2024-12-20", "close": 39.820847, "volume": 21667, "typical_volume": 20568.1, "trend": 42.199708, "fair_value": 43.728676, "relative_strength": -2.410541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.623831, "energy": 40.719854, "activity_lines": [ 39.840316, 40.001405, 40.578408, 41.203586 ] }, { "date": "2024-12-27", "close": 40.502373, "volume": 9275, "typical_volume": 19681.45, "trend": 42.024458, "fair_value": 43.628186, "relative_strength": -1.168645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.449353, "energy": 24.491874, "activity_lines": [ 40.067493, 40.04389, 40.511646, 41.09408 ] }, { "date": "2025-01-03", "close": 40.891819, "volume": 13124, "typical_volume": 20032.75, "trend": 41.842716, "fair_value": 43.52797, "relative_strength": -0.785831, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.218936, "energy": 18.199776, "activity_lines": [ 40.38554, 40.174885, 40.500055, 41.021007 ] }, { "date": "2025-01-10", "close": 40.502373, "volume": 3873, "typical_volume": 18933.8, "trend": 41.667466, "fair_value": 43.430814, "relative_strength": -1.926081, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.620766, "energy": 14.775388, "activity_lines": [ 40.476411, 40.236842, 40.466674, 40.934533 ] }, { "date": "2025-01-17", "close": 40.210289, "volume": 13125, "typical_volume": 14609.45, "trend": 41.48897, "fair_value": 43.299553, "relative_strength": -5.689627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.209521, "energy": 15.179365, "activity_lines": [ 40.437466, 40.256315, 40.409648, 40.840521 ] }, { "date": "2025-01-24", "close": 41.573349, "volume": 9939, "typical_volume": 14385.9, "trend": 41.417571, "fair_value": 43.177029, "relative_strength": -4.024449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.841349, "energy": 8.361548, "activity_lines": [ 40.833402, 40.518305, 40.486147, 40.845965 ] }, { "date": "2025-01-31", "close": 40.210289, "volume": 7817, "typical_volume": 14193.7, "trend": 41.313719, "fair_value": 43.053549, "relative_strength": -6.83596, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.566649, "energy": 9.987795, "activity_lines": [ 40.658152, 40.505914, 40.432366, 40.768076 ] }, { "date": "2025-02-07", "close": 40.697098, "volume": 10959, "typical_volume": 13511.1, "trend": 41.274775, "fair_value": 42.939857, "relative_strength": -4.333103, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.506858, "energy": 8.767747, "activity_lines": [ 40.664643, 40.576722, 40.442102, 40.728294 ] }, { "date": "2025-02-14", "close": 41.378628, "volume": 26839, "typical_volume": 14403.8, "trend": 41.252057, "fair_value": 42.877217, "relative_strength": -5.33128, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.83772, "energy": 8.222971, "activity_lines": [ 40.911292, 40.748433, 40.520919, 40.734994 ] }, { "date": "2025-02-21", "close": 42.157516, "volume": 49208, "typical_volume": 16490.6, "trend": 41.196885, "fair_value": 42.8418, "relative_strength": -3.832878, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.570515, "energy": 14.123874, "activity_lines": [ 41.359154, 41.036976, 40.67716, 40.793411 ] }, { "date": "2025-02-28", "close": 42.83905, "volume": 17602, "typical_volume": 16390.4, "trend": 41.167677, "fair_value": 42.816308, "relative_strength": -2.368285, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.226865, "energy": 25.85256, "activity_lines": [ 41.904379, 41.40872, 40.891356, 40.899357 ] }, { "date": "2025-03-07", "close": 43.325855, "volume": 11494, "typical_volume": 16785.8, "trend": 41.135223, "fair_value": 42.787269, "relative_strength": -1.564169, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.413269, "energy": 40.186306, "activity_lines": [ 42.527492, 41.814098, 41.143105, 41.038594 ] }, { "date": "2025-03-14", "close": 45.273087, "volume": 25529, "typical_volume": 17585.6, "trend": 41.174167, "fair_value": 42.770711, "relative_strength": 4.379153, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.784401, "energy": 62.685881, "activity_lines": [ 43.591978, 42.522182, 41.571495, 41.305553 ] }, { "date": "2025-03-21", "close": 42.4496, "volume": 15182, "typical_volume": 17393.3, "trend": 41.209867, "fair_value": 42.730497, "relative_strength": -0.364266, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.153372, "energy": 51.27687, "activity_lines": [ 43.410235, 42.637245, 41.710583, 41.387839 ] }, { "date": "2025-03-28", "close": 42.254883, "volume": 5422, "typical_volume": 15761.05, "trend": 41.252057, "fair_value": 42.690146, "relative_strength": 2.417613, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.084206, "energy": 37.609173, "activity_lines": [ 43.092189, 42.6815, 41.824635, 41.45526 ] }, { "date": "2025-04-04", "close": 40.697098, "volume": 10410, "typical_volume": 15585.7, "trend": 41.226094, "fair_value": 42.643144, "relative_strength": 9.407448, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.758577, "energy": 15.840574, "activity_lines": [ 42.24839, 42.405348, 41.7792, 41.419456 ] }, { "date": "2025-04-11", "close": 41.076805, "volume": 11112, "typical_volume": 15803.5, "trend": 41.134898, "fair_value": 42.597465, "relative_strength": 10.619306, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.612525, "energy": 14.598595, "activity_lines": [ 41.673957, 42.214165, 41.767145, 41.409824 ] }, { "date": "2025-04-18", "close": 44.80088, "volume": 13216, "typical_volume": 15653.9, "trend": 41.242483, "fair_value": 42.573434, "relative_strength": 16.294852, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.166151, "energy": 18.034104, "activity_lines": [ 42.490819, 42.684332, 42.104248, 41.646339 ] }, { "date": "2025-04-25", "close": 40.653286, "volume": 9341, "typical_volume": 15241.4, "trend": 41.195587, "fair_value": 42.529766, "relative_strength": 2.355401, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.877062, "energy": 10.473392, "activity_lines": [ 41.95663, 42.325777, 42.020772, 41.608327 ] }, { "date": "2025-05-02", "close": 41.461384, "volume": 401, "typical_volume": 14276.75, "trend": 41.221063, "fair_value": 42.493566, "relative_strength": 2.792975, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.399329, "energy": 9.580514, "activity_lines": [ 41.811561, 42.127337, 42.011221, 41.625475 ] }, { "date": "2025-05-09", "close": 42.254883, "volume": 18910, "typical_volume": 14138.9, "trend": 41.263253, "fair_value": 42.484186, "relative_strength": 5.108917, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.82717, "energy": 11.782256, "activity_lines": [ 41.983892, 42.085826, 42.069894, 41.692173 ] }, { "date": "2025-05-16", "close": 41.183903, "volume": 25512, "typical_volume": 14950.75, "trend": 41.253517, "fair_value": 42.462221, "relative_strength": -1.446851, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.426085, "energy": 7.537051, "activity_lines": [ 41.695377, 41.860212, 42.014977, 41.687053 ] }, { "date": "2025-05-23", "close": 41.865433, "volume": 10244, "typical_volume": 14806.75, "trend": 41.282726, "fair_value": 42.450916, "relative_strength": 2.632683, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.156073, "energy": 7.746419, "activity_lines": [ 41.626899, 41.797458, 42.021723, 41.726532 ] }, { "date": "2025-05-30", "close": 41.865433, "volume": 5100, "typical_volume": 14868.1, "trend": 41.308689, "fair_value": 42.446474, "relative_strength": 2.050432, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.47189, "energy": 6.260531, "activity_lines": [ 41.754117, 41.796661, 42.023832, 41.764126 ] }, { "date": "2025-06-06", "close": 41.281265, "volume": 10278, "typical_volume": 14725.75, "trend": 41.354124, "fair_value": 42.441719, "relative_strength": -0.239067, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.030415, "energy": 6.767755, "activity_lines": [ 41.605803, 41.700273, 41.963816, 41.762357 ] }, { "date": "2025-06-13", "close": 40.599735, "volume": 25070, "typical_volume": 15482.3, "trend": 41.370351, "fair_value": 42.461192, "relative_strength": 0.743352, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.540237, "energy": 11.500072, "activity_lines": [ 41.24232, 41.497673, 41.833792, 41.713686 ] }, { "date": "2025-06-20", "close": 40.891819, "volume": 7858, "typical_volume": 15484.35, "trend": 41.402805, "fair_value": 42.490544, "relative_strength": 2.104263, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.251799, "energy": 13.440357, "activity_lines": [ 41.086542, 41.349949, 41.736221, 41.682813 ] }, { "date": "2025-06-27", "close": 39.918205, "volume": 14234, "typical_volume": 15648.1, "trend": 41.419032, "fair_value": 42.494782, "relative_strength": -2.550178, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.15642, "energy": 28.001935, "activity_lines": [ 40.625698, 41.028568, 41.542681, 41.587033 ] }, { "date": "2025-07-04", "close": 40.405014, "volume": 14288, "typical_volume": 15020.55, "trend": 41.432013, "fair_value": 42.508431, "relative_strength": -1.51113, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.920388, "energy": 28.051418, "activity_lines": [ 40.456939, 40.884473, 41.399212, 41.521612 ] }, { "date": "2025-07-11", "close": 41.865433, "volume": 19730, "typical_volume": 13546.65, "trend": 41.496921, "fair_value": 42.526294, "relative_strength": 0.681305, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.634321, "energy": 13.082671, "activity_lines": [ 40.872347, 41.010423, 41.399467, 41.549575 ] }, { "date": "2025-07-18", "close": 41.670712, "volume": 1662, "typical_volume": 12749.65, "trend": 41.558583, "fair_value": 42.533759, "relative_strength": 0.148004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.638855, "energy": 4.752888, "activity_lines": [ 41.183904, 41.093623, 41.382568, 41.560787 ] }, { "date": "2025-07-25", "close": 40.599735, "volume": 7111, "typical_volume": 12530.5, "trend": 41.561829, "fair_value": 42.520632, "relative_strength": -4.499152, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.53053, "energy": 14.230043, "activity_lines": [ 41.06707, 40.992721, 41.269234, 41.498926 ] }, { "date": "2025-08-01", "close": 40.891819, "volume": 307396, "typical_volume": 26623.85, "trend": 41.561829, "fair_value": 42.513952, "relative_strength": -0.866214, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.729392, "energy": 13.829924, "activity_lines": [ 41.06707, 40.955547, 41.1967, 41.455699 ] }, { "date": "2025-08-08", "close": 41.475986, "volume": 12006, "typical_volume": 26465.05, "trend": 41.594282, "fair_value": 42.506442, "relative_strength": -1.888937, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.081872, "energy": 11.347208, "activity_lines": [ 41.196885, 41.042287, 41.200664, 41.450161 ] }, { "date": "2025-08-15", "close": 39.626122, "volume": 6833, "typical_volume": 26535.6, "trend": 41.57481, "fair_value": 42.497369, "relative_strength": -7.339763, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.931053, "energy": 29.336857, "activity_lines": [ 40.63868, 40.799769, 41.033086, 41.323183 ] }, { "date": "2025-08-22", "close": 38.165699, "volume": 98030, "typical_volume": 30916.6, "trend": 41.461222, "fair_value": 42.4898, "relative_strength": -12.16302, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.598061, "energy": 46.120384, "activity_lines": [ 39.742954, 40.321812, 40.738939, 41.10324 ] }, { "date": "2025-08-29", "close": 36.510551, "volume": 7470, "typical_volume": 30734.5, "trend": 41.337897, "fair_value": 42.483632, "relative_strength": -13.741863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.901366, "energy": 64.571343, "activity_lines": [ 38.529181, 39.587175, 40.299212, 40.783842 ] }, { "date": "2025-09-05", "close": 34.27124, "volume": 4389, "typical_volume": 30293.15, "trend": 41.123702, "fair_value": 42.465969, "relative_strength": -18.70572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.7378, "energy": 78.388359, "activity_lines": [ 36.841582, 38.52505, 39.667962, 40.327929 ] }, { "date": "2025-09-12", "close": 33.979156, "volume": 7317, "typical_volume": 30191.95, "trend": 40.877053, "fair_value": 42.444146, "relative_strength": -19.232761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.055154, "energy": 81.383667, "activity_lines": [ 35.497994, 37.512491, 39.059036, 39.86699 ] }, { "date": "2025-09-19", "close": 33.492348, "volume": 3088, "typical_volume": 30326.3, "trend": 40.588214, "fair_value": 42.430069, "relative_strength": -20.390773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.982644, "energy": 84.128264, "activity_lines": [ 34.491926, 36.528255, 38.435529, 39.390558 ] }, { "date": "2025-09-26", "close": 33.784431, "volume": 14920, "typical_volume": 30126.8, "trend": 40.286393, "fair_value": 42.41043, "relative_strength": -19.334074, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.797163, "energy": 82.886216, "activity_lines": [ 33.992136, 35.749363, 37.877786, 38.951604 ] }, { "date": "2025-10-03", "close": 32.616093, "volume": 6965, "typical_volume": 29199.45, "trend": 39.929401, "fair_value": 42.39188, "relative_strength": -24.19217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.68123, "energy": 85.836229, "activity_lines": [ 33.394986, 34.901433, 37.249109, 38.456746 ] }, { "date": "2025-10-10", "close": 33.005543, "volume": 12500, "typical_volume": 29312.25, "trend": 39.520483, "fair_value": 42.353521, "relative_strength": -22.333519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.13504, "energy": 83.708127, "activity_lines": [ 33.187282, 34.269469, 36.698322, 38.010046 ] }, { "date": "2025-10-17", "close": 32.421371, "volume": 2229, "typical_volume": 29168.7, "trend": 39.186209, "fair_value": 42.323428, "relative_strength": -23.16065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.392754, "energy": 77.858891, "activity_lines": [ 32.869234, 33.674679, 36.134089, 37.552038 ] }, { "date": "2025-10-24", "close": 30.766226, "volume": 33941, "typical_volume": 30351.85, "trend": 38.803254, "fair_value": 42.262708, "relative_strength": -28.902391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.622363, "energy": 77.471034, "activity_lines": [ 32.103324, 32.943583, 35.457195, 37.008814 ] }, { "date": "2025-10-31", "close": 29.987333, "volume": 14474, "typical_volume": 29822.05, "trend": 38.446261, "fair_value": 42.196422, "relative_strength": -29.750971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.572254, "energy": 77.926373, "activity_lines": [ 31.259524, 32.231959, 34.756192, 36.440045 ] }, { "date": "2025-11-07", "close": 31.253033, "volume": 13928, "typical_volume": 30125.55, "trend": 38.118802, "fair_value": 42.143398, "relative_strength": -25.48927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.39863, "energy": 64.51049, "activity_lines": [ 31.090764, 31.89916, 34.226267, 35.975965 ] }, { "date": "2025-11-14", "close": 30.47414, "volume": 2861, "typical_volume": 29556.9, "trend": 37.641244, "fair_value": 42.085953, "relative_strength": -27.531387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.574005, "energy": 69.080647, "activity_lines": [ 30.753244, 31.520335, 33.668061, 35.482761 ] }, { "date": "2025-11-21", "close": 30.47414, "volume": 4307, "typical_volume": 29057.85, "trend": 37.30194, "fair_value": 41.999339, "relative_strength": -25.549739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.633836, "energy": 71.838726, "activity_lines": [ 30.584483, 31.210548, 33.154827, 35.020367 ] }, { "date": "2025-11-28", "close": 30.960949, "volume": 2826, "typical_volume": 28212.65, "trend": 36.951925, "fair_value": 41.896972, "relative_strength": -26.331636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.304884, "energy": 58.23386, "activity_lines": [ 30.707808, 31.052999, 32.735246, 34.611271 ] }, { "date": "2025-12-05", "close": 29.792612, "volume": 8502, "typical_volume": 28554.65, "trend": 36.536516, "fair_value": 41.797411, "relative_strength": -29.658188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.275318, "energy": 62.682026, "activity_lines": [ 30.428706, 30.729051, 32.25632, 34.14938 ] }, { "date": "2025-12-12", "close": 28.916359, "volume": 4363, "typical_volume": 28417.25, "trend": 36.127598, "fair_value": 41.695664, "relative_strength": -31.116991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.619923, "energy": 82.25623, "activity_lines": [ 29.870501, 30.318363, 31.750504, 33.657757 ] }, { "date": "2025-12-19", "close": 27.74802, "volume": 17450, "typical_volume": 13919.95, "trend": 35.657017, "fair_value": 41.600726, "relative_strength": -33.830577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.435542, "energy": 80.840564, "activity_lines": [ 29.078627, 29.762518, 31.189053, 33.117139 ] }, { "date": "2025-12-26", "close": 27.942743, "volume": 8860, "typical_volume": 13762.65, "trend": 35.192928, "fair_value": 41.508752, "relative_strength": -32.985296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.135075, "energy": 85.807162, "activity_lines": [ 28.533403, 29.337667, 30.708736, 32.619444 ] }, { "date": "2026-01-02", "close": 30.376781, "volume": 13586, "typical_volume": 14100.3, "trend": 34.829445, "fair_value": 41.42323, "relative_strength": -27.412015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.157819, "energy": 60.156114, "activity_lines": [ 28.968284, 29.436799, 30.524677, 32.308725 ] }, { "date": "2026-01-09", "close": 33.881794, "volume": 25177, "typical_volume": 10457.65, "trend": 34.605514, "fair_value": 41.356744, "relative_strength": -21.092274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.129437, "energy": 25.814601, "activity_lines": [ 30.610448, 30.180287, 30.718473, 32.247586 ] }, { "date": "2026-01-16", "close": 33.102901, "volume": 43143, "typical_volume": 12241.3, "trend": 34.345883, "fair_value": 41.26582, "relative_strength": -24.090116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.687729, "energy": 19.555361, "activity_lines": [ 31.720369, 30.71135, 30.858488, 32.150643 ] }, { "date": "2026-01-23", "close": 33.297626, "volume": 13200, "typical_volume": 12681.85, "trend": 34.125197, "fair_value": 41.179576, "relative_strength": -22.528874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.820173, "energy": 25.203499, "activity_lines": [ 32.616095, 31.244183, 31.033275, 32.083014 ] }, { "date": "2026-01-30", "close": 32.324009, "volume": 10049, "typical_volume": 12818.45, "trend": 33.85583, "fair_value": 41.095098, "relative_strength": -24.671089, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -1.296469, "energy": 25.83683, "activity_lines": [ 32.817308, 31.548659, 31.119973, 31.966808 ] }, { "date": "2026-02-06", "close": 33.005543, "volume": 24793, "typical_volume": 13903.7, "trend": 33.560501, "fair_value": 41.017276, "relative_strength": -24.903924, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 0.913225, "energy": 20.563696, "activity_lines": [ 32.953615, 31.943416, 31.27946, 31.911951 ] }, { "date": "2026-02-13", "close": 31.837204, "volume": 9929, "typical_volume": 13654.15, "trend": 33.232717, "fair_value": 40.910231, "relative_strength": -27.045687, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -3.185095, "energy": 13.657794, "activity_lines": [ 32.525225, 32.088573, 31.329996, 31.800771 ] }, { "date": "2026-02-20", "close": 34.95277, "volume": 24997, "typical_volume": 14555.75, "trend": 33.044485, "fair_value": 40.842604, "relative_strength": -20.947608, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.346858, "energy": 25.047492, "activity_lines": [ 33.271663, 32.763022, 31.686524, 31.911742 ] }, { "date": "2026-02-27", "close": 32.713455, "volume": 19015, "typical_volume": 14881.5, "trend": 32.771873, "fair_value": 40.745752, "relative_strength": -26.416001, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.738469, "energy": 16.496399, "activity_lines": [ 33.148337, 32.920571, 31.818658, 31.890385 ] }, { "date": "2026-03-06", "close": 33.687069, "volume": 15044, "typical_volume": 15522.25, "trend": 32.512242, "fair_value": 40.653997, "relative_strength": -19.092435, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.766077, "energy": 21.002781, "activity_lines": [ 33.388495, 33.164859, 32.044907, 31.94943 ] }, { "date": "2026-03-13", "close": 32.616093, "volume": 54986, "typical_volume": 16574.5, "trend": 32.278574, "fair_value": 40.567959, "relative_strength": -20.472199, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.412797, "energy": 19.748966, "activity_lines": [ 33.18079, 33.109982, 32.163132, 31.95613 ] }, { "date": "2026-03-20", "close": 31.642479, "volume": 11319, "typical_volume": 16416.75, "trend": 32.061134, "fair_value": 40.459667, "relative_strength": -18.106672, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.488938, "energy": 4.406654, "activity_lines": [ 32.67451, 32.83737, 32.179822, 31.915092 ] }, { "date": "2026-03-27", "close": 32.713455, "volume": 35478, "typical_volume": 17494.25, "trend": 31.934564, "fair_value": 40.369678, "relative_strength": -14.680091, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.433382, "energy": 14.067566, "activity_lines": [ 32.538204, 32.800196, 32.290629, 31.957177 ] }, { "date": "2026-04-03", "close": 34.95277, "volume": 13330, "typical_volume": 18017.7, "trend": 31.957282, "fair_value": 40.289468, "relative_strength": -11.201722, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.11957, "energy": 24.880627, "activity_lines": [ 33.297624, 33.17725, 32.607749, 32.1519 ] }, { "date": "2026-04-10", "close": 34.758049, "volume": 11039, "typical_volume": 18354.3, "trend": 31.983245, "fair_value": 40.204578, "relative_strength": -14.945938, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.380861, "energy": 32.760043, "activity_lines": [ 33.842849, 33.488807, 32.884998, 32.332594 ] }, { "date": "2026-04-17", "close": 34.660683, "volume": 4817, "typical_volume": 18453.85, "trend": 32.022189, "fair_value": 40.128216, "relative_strength": -16.111695, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.852555, "energy": 48.406513, "activity_lines": [ 34.284221, 33.738406, 33.132574, 32.505332 ] }, { "date": "2026-04-24", "close": 35.700001, "volume": 28327, "typical_volume": 19445.1, "trend": 32.086041, "fair_value": 40.063686, "relative_strength": -10.644737, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.356572, "energy": 58.02711, "activity_lines": [ 34.935725, 34.146879, 33.461515, 32.742611 ] }, { "date": "2026-05-01", "close": 36.099998, "volume": 16300, "typical_volume": 20041.95, "trend": 32.202172, "fair_value": 39.983272, "relative_strength": -7.751028, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.32105, "energy": 56.1163, "activity_lines": [ 35.450061, 34.557845, 33.80042, 33.001576 ] }, { "date": "2026-05-08", "close": 36.299999, "volume": 13683, "typical_volume": 19853.6, "trend": 32.311987, "fair_value": 39.913662, "relative_strength": -6.875806, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.84932, "energy": 53.88894, "activity_lines": [ 35.805294, 34.984317, 34.124166, 33.265952 ] }, { "date": "2026-05-15", "close": 35.700001, "volume": 16066, "typical_volume": 20213.9, "trend": 32.421275, "fair_value": 39.834255, "relative_strength": -6.664347, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.301415, "energy": 40.463324, "activity_lines": [ 35.870712, 35.236488, 34.350045, 33.484533 ] }, { "date": "2026-05-22", "close": 35.799999, "volume": 2149, "typical_volume": 19642.05, "trend": 32.589067, "fair_value": 39.76501, "relative_strength": -8.900531, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.828157, "energy": 36.457278, "activity_lines": [ 35.906666, 35.470242, 34.548508, 33.702515 ] }, { "date": "2026-05-29", "close": 36.900002, "volume": 8281, "typical_volume": 18797.25, "trend": 32.819489, "fair_value": 39.729595, "relative_strength": -5.128446, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.50604, "energy": 38.192245, "activity_lines": [ 36.233334, 35.846107, 34.825909, 33.98064 ] }, { "date": "2026-06-05", "close": 36.299999, "volume": 5, "typical_volume": 16640.35, "trend": 32.987721, "fair_value": 39.644513, "relative_strength": -5.327658, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.472757, "energy": 34.683744, "activity_lines": [ 36.28, 36.017289, 35.031794, 34.205189 ] }, { "date": "2026-06-12", "close": 36.400002, "volume": 11080, "typical_volume": 16534.35, "trend": 33.18525, "fair_value": 39.570783, "relative_strength": -4.259904, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.631421, "energy": 32.887496, "activity_lines": [ 36.346667, 36.141444, 35.231979, 34.425336 ] }, { "date": "2026-06-19", "close": 37.400002, "volume": 24411, "typical_volume": 17252.45, "trend": 33.416112, "fair_value": 39.526077, "relative_strength": -2.887276, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.191768, "energy": 36.100484, "activity_lines": [ 36.740001, 36.421104, 35.512628, 34.697256 ] }, { "date": "2026-06-26", "close": 35.299999, "volume": 916, "typical_volume": 16058.6, "trend": 33.560747, "fair_value": 39.458983, "relative_strength": -6.911383, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.500676, "energy": 27.883072, "activity_lines": [ 36.320001, 36.270909, 35.569107, 34.818797 ] }, { "date": "2026-07-03", "close": 34.5, "volume": 3054, "typical_volume": 15714.85, "trend": 33.71766, "fair_value": 39.371883, "relative_strength": -10.862447, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.272351, "energy": 16.365555, "activity_lines": [ 35.666667, 35.963637, 35.538468, 34.879394 ] }, { "date": "2026-07-10", "close": 37.0, "volume": 9362, "typical_volume": 14933.1, "trend": 33.987115, "fair_value": 39.306761, "relative_strength": -1.556601, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.87468, "energy": 20.996694, "activity_lines": [ 36.006667, 36.132728, 35.733245, 35.091158 ] }, { "date": "2026-07-17", "close": 33.099998, "volume": 10005, "typical_volume": 14482.6, "trend": 34.165514, "fair_value": 39.227349, "relative_strength": -10.216824, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.851662, "energy": 11.32657, "activity_lines": [ 34.999999, 35.576364, 35.546845, 35.033924 ] }, { "date": "2026-07-24", "close": 35.5, "volume": 22053, "typical_volume": 14833.05, "trend": 34.417423, "fair_value": 39.168678, "relative_strength": -4.590257, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.16503, "energy": 11.817607, "activity_lines": [ 35.013333, 35.514545, 35.587175, 35.12002 ] }, { "date": "2026-07-31", "close": 40.099998, "volume": 41172, "typical_volume": 14142.35, "trend": 34.74153, "fair_value": 39.135328, "relative_strength": 6.872479, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.222311, "energy": 31.005617, "activity_lines": [ 36.686666, 36.292727, 36.056968, 35.486638 ] }, { "date": "2026-08-07", "close": 39.0, "volume": 20735, "typical_volume": 14613.15, "trend": 34.912137, "fair_value": 39.094928, "relative_strength": 2.598193, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.718915, "energy": 41.31254, "activity_lines": [ 37.673333, 36.792727, 36.386361, 35.761378 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }